Settings8H · net · $10k
Funding arb · Price arb /

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0005%/8h= −0.5% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Vest against Ondo Perps+0.841%7-day average +0.958% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.005%$0 on $10k
Price spread, last 7 days+0.127%+$13 · spread now +0.841%, 7d avg +0.958%
Together, before fees+0.122%+ Points / potential airdropOndo Perps: Active · Vest: Active · farm board+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.117% cheaper against Ondo Perps than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.958%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAU-USD.P4,346.70.0050pay 0.0006% / 1h47m 22s$15.1M$56.7M25x
ShortVest GC-PERP4,383.30.0046get 0.0006% / 1h47m 22s$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Ondo Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.99
Price spread: +0.841% → +0.958%
−$11.65
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$19.65
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Vest: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Vest no order-book sample
Ondo Perps and Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XAU on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin GOLD-PERP−0.0057%1h4,344.6−0.050%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,354.6+0.180%$93K$8.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,346.6−0.003%$272K250xas long as short
Hotstuff GOLD-PERP+0.0024%1h4,346.7−0.001%$33K25xas long as short
Extended XAU-USD+0.0032%1h4,346.4−0.008%$13.2M$37.3M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.085%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,351.5+0.110%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0044%1h4,348.9+0.050%$5.5M$2.1M20xas long as short
Vest GC-PERPshort+0.0046%1h4,383.3+0.841%$1.0M25x
tradeXYZ xyz:GOLD+0.0050%1h4,346.8+0.002%$293.7M$49.5M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.Plong+0.0050%1h4,346.7long leg$15.1M$56.7M25x
RISEx XAU/USDC+0.0054%1h4,350.8+0.093%$3.7M$12.6M25xas long as short
Kalshi KXGOLDPERP+0.0054%24h4,348.5+0.041%$4.2M$39.4M15xas long as short
Lighter XAU+0.0056%1h4,349.2+0.056%$20.7M$30.4M25xas long as short
Bybit XAUUSDT+0.0066%4h4,351.6+0.111%$80.2M$151.8M150xas long as short
Paradex XAU-USD-PERP+0.0070%8h4,350.4+0.084%$19K$5K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,346.9+0.004%$2.1M$4.7M25xas long as short
Gate XAU_USDT+0.0076%4h4,351.7+0.115%$271.8M$397.3M100xas long as short
Pacifica XAU+0.0100%1h4,346.4−0.007%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,346.9+0.004%$277K$204K50xas long as short
Aster XAUUSD1+0.0107%4h4,352.4+0.130%$71.6M$331.2M20xas long as short
Variational Omni XAU+0.0108%4h4,349.5+0.063%$48.5M$27.6Mas long as short
Lighter RH XAU+0.0112%1h4,351.5+0.109%$20.1M$38.1M25xas long as short
Aevo XAU-PERP+0.0112%1h4,349.8+0.071%$161K$8710xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0118%1h4,349.6+0.066%$203K$822K25xas long as short
MEXC XAU_USDT+0.0118%4h4,350.2+0.079%$370.4M$317.9M1000xas long as short
Binance XAUUSDT+0.0119%4h4,350.2+0.080%$419.5M$2.09B100xas long as short
GRVT XAU_USDT_Perp+0.0124%4h4,350+0.076%$1.4M$2.9M25xas long as short
Phoenix GOLD+0.0127%1h4,347.7+0.022%$47K$77K25xas long as short
edgeX XAUUSDC+0.0132%4h4,345.7−0.023%$30.2M$58.1M50xas long as short
Bullet GOLD-USD+0.0157%1h4,350.2+0.080%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0168%1h4,349.8+0.071%$4.3M$2.0M20xas long as short
Phemex XAUUSDT+0.0204%4h4,352.9+0.142%$2.2M$967K100xas long as short
Kraken Futures PF_XAUUSD+0.0246%1h4,347.5+0.019%$591K$128K25xas long as short
Bitget XAUUSDT+0.0280%4h4,350.6+0.089%$71.5M$108.0M100xas long as short
HTX XAU-USDT+0.0283%4h4,351.8+0.116%$2.8M$4.6M75xas long as short
OKX XAU-USDT-SWAP+0.0336%8h4,351.5+0.110%$168.1M$282.2M100xas long as short
BloFin XAU-USDT+0.0372%4h4,349.2+0.058%$15.8M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0427% / S −0.0252%1h4,350.2+0.080%$251K111xas long as short